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IATA reports a strong January but nearshoring prevents an air freight boom
06/Mar/2014 by Michael Clover.
IATA has published its analysis of the global air freight market, the results within suggest a market in recovery, one that is matching manufacturing levels; a sector to which it is inextricably bound. However, historical precedent would suggest that we should expect a far stronger recovery at roughly double the rate of growth in manufacturing. The difference between this recovery, and those before it, is the trend for nearshoring, which is reducing demand for global air freight in spite of increasing levels of manufacturing.... read more
K+N out performs again but underlying demand is still mediocre
06/Mar/2014 by Thomas Cullen.
Kuehne and Nagel increased both its market share and its profits in 2013 but the underlying market conditions remain uninspiring.... read more
Japan's 24-hour rule goes into effect
06/Mar/2014 by Cathy Roberson.
Beginning this month, Japan’s 24 hour Advanced Manifest Regulation goes into effect. All ocean carriers and Non Vessel Operating Common Carriers (NVOCCs) will now be required to submit a list of customs-defined data elements to Japan Customs at least 24 hours prior to vessel departure from the port of loading.... read more
Mixed freight forwarding results while uncertainty surrounds Uti Worldwide
05/Mar/2014 by Cathy Roberson.
Questions continue concerning the health of the freight forwarding market. Is it on the mend or does the ‘lackluster’ global economy still have detrimental plans for the market? As mixed earnings results begin to filter through the evidence suggest that we may be no closer to an answer.... read more
CEVA struggles towards the light at the end of the profit tunnel
04/Mar/2014 by Thomas Cullen.
is recovering from the effects of its recapitalisation, as its 2013 results show revenue and EBITDA both down on 2012. It has relieved its debt interest debt burden somewhat, with its overall liabilities falling by more than half, but it still made a loss for the full year of $60m.... read more
Dentressangle experiences a solid 2013
27/Feb/2014 by Thomas Cullen.
may not be growing at the dramatic rate seen in 2012 but in 2013 it still saw some growth in both sales and profits despite tough market conditions.... read more
Changes in the midst for India's e-commerce logistics market
27/Feb/2014 by Cathy Roberson.
Despite infrastructure and government hurdles, interest in e-commerce remains high in India and, because of the economic slowdown in the country; India is eyeing foreign investments to stimulate growth. The government is therefore reconsidering its ban on foreign investments in the country’s e-commerce sector and has invited feedback from the industry before making a decision.... read more
Coca-Cola looks to its supply chain for cost savings
26/Feb/2014 by Cathy Roberson.
One of the most recognized brands around the world, Coca-Cola is feeling a bit of a pinch as consumers’ preference shifts to non-carbonated beverages. In its efforts to maintain levels of profitability the company is seeking to achieve a $1bn saving through supply chain optimization and IT standardization.... read more
Dubai straddles two giant airports
25/Feb/2014 by Thomas Cullen.
, the cargo business of Emirates Airlines, has announced a road freight service between Dubai’s two airports; Dubai International and the new Dubai World
Central, otherwise known as Al Maktoum International.... read more
TNT Express has a better quarter but problems remain
20/Feb/2014 by Thomas Cullen.
’ fourth quarter results provide some cause for optimism but the Netherlands-based Express company is still faced with significant problems both in terms profits and growth.... read more
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